Potential homeowners and tenants should consider these financial pointers before deciding whether to rent or buy a house in Houston.We know real estate is tough, especially if you're a first-time home buyer. But hope remains that you will still be able to purchase that house you've been eyeing online.found that a buyer needs 70% more income in Houston than in 2020 to comfortably afford a home.
According to the report, Space City ranks as the No. 1 riskiest city, as 98% of homes are at risk of extreme heat, and 64% are at risk of severe flooding within the next three decades.The list was evaluated through insurance-related factors, according to its website, and Houston was the only city in Texas in the top 10, with Corpus Christi at No. 15. The majority of the other cities were in California, Louisiana, and Florida.
Source: Real Estate Daily Report (realestatedailyreport.net)
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Houston shooting: Woman killed in evening shooting in SE Houston, police investigatingHouston police are investigating after a deadly shooting in southeast Houston on Sunday evening.
Source: FOX26Houston - 🏆 448. / 53 Read more »
Houston firefighters react to settlement agreement with City of HoustonMayor John Whitmire announces historic $650 million settlement with Houston Professional Firefighters’ Association, ending years-long impasse over pay and ensuring eight years of back pay and raises for firefighters.
Source: FOX26Houston - 🏆 448. / 53 Read more »
Houston weather: Hail expected in Houston-area through SundayHeavy rain, frequent lighting, strong winds and hail expected through Sunday evening in Houston.
Source: FOX26Houston - 🏆 448. / 53 Read more »
Houston council members raise questions over long-awaited contract for Houston firefightersDeal may not be done until June
Source: KPRC2 - 🏆 80. / 68 Read more »
Average Houston home buyer needs 70% more income than in 2020, study findsA new report revealed just how much more a Houston home buyer needs to make compared to when the pandemic began in 2020.
Source: abc13houston - 🏆 255. / 63 Read more »
Study reveals Houston ‘hot spots’ where children are injured the most by vehiclesA recent study by the Rice University’s Baker Institute for Public Policy revealed several Houston locations that are hot spots where children automobile accidents happen the most.
Source: KPRC2 - 🏆 80. / 68 Read more »